Medico Remedies
Healthcare
MEDICO NSE
₹18.56 −0.23 (−1.22%)
- P/E
- 11.11
Close 4 Nov 2026 ₹18.56 −31.39 −62.8% 1Y
Start ₹49.95
Key Fundamentals
MicrocapPharmaceuticals & BiotechnologyHealthcarePrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 23.30%
- Debt to Equity
- 0.25
- EPS (TTM)
- ₹1.67
- Book Value
- ₹9.10
- Market Cap
- —
- P/E (TTM)
- 11.11
- P/B
- 2.04
- ROE
- 19.00%
- Dividend Yield
- 0.00%
- EBITDA
- ₹23.00 Cr
- 52W High
- ₹56.88
- 52W Low
- ₹18.36
- Day Range
- ₹18.41 – ₹19.30
- Volume
- 2,36,755
Peer Comparison
Healthcare › Pharmaceuticals
| ₹1,773.40 | 38.81 | ₹4,29,049 Cr | 4.77 | 0.90% | 16.00% | 20.50% | ₹61,631 Cr | ₹10,987 Cr | |
| ₹10,037.50 | 91.10 | ₹2,65,269 Cr | 15.90 | 0.30% | 16.50% | 22.00% | ₹11,230 Cr | ₹2,925 Cr | |
| ₹4,738.50 | 78.61 | ₹1,77,061 Cr | 9.81 | 0.82% | 27.40% | 15.20% | ₹17,400 Cr | ₹2,099 Cr | |
| ₹1,188.10 | 26.44 | ₹1,25,446 Cr | 4.37 | 0.08% | 21.20% | 21.10% | ₹28,592 Cr | ₹4,593 Cr | |
| ₹2,323.80 | 114.81 | ₹1,25,228 Cr | 20.72 | 0.04% | 18.30% | 17.80% | ₹7,270 Cr | ₹1,090 Cr | |
| ₹1,374.00 | 35.59 | ₹1,14,543 Cr | 2.96 | 0.58% | 11.20% | 13.00% | ₹33,228 Cr | ₹3,184 Cr | |
| ₹1,402.00 | 33.59 | ₹1,12,454 Cr | 3.20 | 0.93% | 11.60% | 15.50% | ₹28,324 Cr | ₹3,356 Cr | |
| Medico Remedies (this company) | ₹18.56 | 11.11 | ₹160 Cr | 2.04 | 0.00% | 19.00% | 23.30% | ₹238 Cr | ₹14 Cr |
| Median 8 companies | ₹1,587.70 | 37.20 | ₹1,25,337 Cr | 4.57 | 0.44% | 17.40% | 19.15% | ₹22,862 Cr | ₹3,055 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
51 Average
Data confidence 100/100
surveillance:ASM1
Category scores
- Quality
- 63
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 60
- Good
- Cheap vs sector & own history 24% weight
- Growth
- 92
- Strong
- Sales & profit trajectory 9% weight
- Financial Health
- 58
- Good
- Solvency, leverage, coverage 9% weight
- Momentum
- 3
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 56
- Good
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 38.3% CAGR over last 5 years
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.0% over past five years.
- Earnings include an other income of Rs.6.44 Cr.
- Promoter holding has decreased over last 3 years: -12.0%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 11 | 2 | 6 |
| Oscillators | Strong Bullish | 1 | 2 | 6 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Strong Bullish
Bearish
1
Neutral
2
Bullish
6
Overall
Strong Bearish
Bearish
11
Neutral
2
Bullish
6
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 21.85
- Bullish
- MACD (12,26,9)
- −2.73
- Bullish
- SMA (50)
- 28.93
- Bearish
- SMA (200)
- 39.69
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +11.89% |
|---|---|
| 5Y | +11.05% |
| 3Y | +13.74% |
| 1Y | +36.42% |
| TTM | +49.97% |
Net profit
| 10Y | +29.24% |
|---|---|
| 5Y | +34.08% |
| 3Y | +22.92% |
| 1Y | +30.00% |
| TTM | +33.79% |
Operating cash flow
| 10Y | — |
|---|---|
| 5Y | Turned positive |
| 3Y | −9.14% |
| 1Y | +20.00% |
| TTM | — |
10Y: The statements do not go back far enough for this window.
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +2.28 pp |
|---|---|
| 5Y | +4.15 pp |
| 3Y | +1.11 pp |
| 1Y | −1.68 pp |
| TTM | −2.10 pp |
Revenue by year
| Mar 2017 | ₹54.00 Cr |
|---|---|
| Mar 2018 | ₹61.00 Cr |
| Mar 2019 | ₹98.00 Cr |
| Mar 2020 | ₹89.00 Cr |
| Mar 2021 | ₹122 Cr |
| Mar 2022 | ₹121 Cr |
| Mar 2023 | ₹140 Cr |
| Mar 2024 | ₹145 Cr |
| Mar 2025 | ₹151 Cr |
| Mar 2026 | ₹206 Cr |
Net profit by year
| Mar 2017 | ₹2.00 Cr |
|---|---|
| Mar 2018 | ₹1.00 Cr |
| Mar 2019 | ₹2.00 Cr |
| Mar 2020 | ₹2.00 Cr |
| Mar 2021 | ₹3.00 Cr |
| Mar 2022 | ₹5.00 Cr |
| Mar 2023 | ₹7.00 Cr |
| Mar 2024 | ₹8.00 Cr |
| Mar 2025 | ₹10.00 Cr |
| Mar 2026 | ₹13.00 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.47 | 42.36 | 29.77 | 41.32 | 30.8 | 39.35 | 39.49 | 41.3 | 38.25 | 52.64 | 58.68 | 56.81 | 69.4 |
| Expenses | 29.01 | 39.29 | 27.04 | 36.67 | 27.98 | 36.94 | 36.38 | 34.64 | 35.43 | 49.91 | 54.35 | 49.66 | 66.1 |
| Operating Profit | 2.46 | 3.07 | 2.73 | 4.65 | 2.82 | 2.41 | 3.11 | 6.66 | 2.82 | 2.73 | 4.33 | 7.15 | 3.3 |
| OPM % | 7.82% | 7.25% | 9.17% | 11.25% | 9.16% | 6.12% | 7.88% | 16.13% | 7.37% | 5.19% | 7.38% | 12.59% | 4.76% |
| Other Income | 0.31 | 0.96 | 0.27 | 0.58 | 0.29 | 0.68 | 1.43 | 0.29 | 0.66 | 1.72 | 0.68 | 2.87 | 1.17 |
| Interest | 0.17 | 0.18 | 0.22 | 0.25 | 0.18 | 0.21 | 0.28 | 0.49 | 0.28 | 0.24 | 0.39 | 0.9 | 0.41 |
| Depreciation | 0.71 | 0.71 | 0.72 | 0.74 | 0.75 | 0.75 | 0.76 | 0.77 | 0.77 | 0.73 | 0.79 | 0.8 | 0.72 |
| PBT | 1.88 | 3.14 | 2.06 | 4.25 | 2.18 | 2.13 | 3.5 | 5.7 | 2.43 | 3.47 | 3.83 | 8.32 | 3.34 |
| Tax % | 29.63% | 22.61% | 30.1% | 26.89% | 27.06% | 27.23% | 25.14% | 23.9% | 25.51% | 25.86% | 25.07% | 29.69% | 24.55% |
| Net Profit | 1.32 | 2.43 | 1.45 | 3.1 | 1.58 | 1.55 | 2.62 | 4.34 | 1.82 | 2.57 | 2.87 | 5.86 | 2.52 |
| EPS (₹) | 0.16 | 0.29 | 0.17 | 0.37 | 0.19 | 0.19 | 0.32 | 0.52 | 0.22 | 0.31 | 0.35 | 0.71 | 0.3 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 51 | 67 | 54 | 61 | 98 | 89 | 122 | 121 | 140 | 145 | 151 | 206 | 238 |
| Expenses | 48 | 63 | 50 | 58 | 95 | 86 | 117 | 114 | 131 | 132 | 136 | 189 | 220 |
| Operating Profit | 3 | 4 | 4 | 3 | 3 | 3 | 5 | 7 | 10 | 13 | 15 | 17 | 18 |
| OPM % | 6% | 5% | 7% | 6% | 2.8% | 3.2% | 4.3% | 6% | 7% | 9% | 10% | 8% | 7% |
| Other Income | 0 | 0 | 0 | 1 | 2 | 2 | 1 | 2 | 4 | 2 | 3 | 6 | 6 |
| Interest | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 |
| PBT | 1 | 2 | 2 | 2 | 2 | 2 | 4 | 6 | 10 | 11 | 14 | 18 | 19 |
| Tax % | 28% | 40% | 4% | 35% | 28% | 26% | 30% | 26% | 28% | 27% | 25% | 27% | — |
| Net Profit | 1 | 1 | 2 | 1 | 2 | 2 | 3 | 5 | 7 | 8 | 10 | 13 | 14 |
| EPS (₹) | 0.25 | 0.35 | 0.25 | 0.15 | 0.19 | 0.2 | 0.31 | 0.58 | 0.87 | 1 | 1.22 | 1.58 | 1.67 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 12 | 13 | 13 | 23 | 24 | 26 | 28 | 20 | 27 | 36 | 46 | 59 |
| Borrowings | 8 | 14 | 19 | 13 | 14 | 14 | 15 | 13 | 10 | 8 | 14 | 19 |
| Other Liabilities | 14 | 17 | 13 | 20 | 35 | 32 | 28 | 28 | 34 | 36 | 43 | 59 |
| Total Liabilities | 36 | 46 | 48 | 59 | 76 | 75 | 76 | 77 | 87 | 96 | 120 | 153 |
| Fixed Assets | 8 | 7 | 7 | 7 | 12 | 13 | 15 | 18 | 22 | 21 | 21 | 20 |
| CWIP | 0 | 0 | 3 | 4 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 3 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 2 | 2 |
| Other Assets | 27 | 38 | 39 | 48 | 63 | 60 | 59 | 59 | 64 | 73 | 96 | 129 |
| Total Assets | 36 | 46 | 48 | 59 | 76 | 75 | 76 | 77 | 87 | 96 | 120 | 153 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | −3 | 5 | 5 | 1 | −11 | 6 | 8 | 2 | 5 | 6 |
| Investing | — | — | −3 | −5 | −4 | −3 | −17 | −2 | −7 | −3 | −3 | −5 |
| Financing | — | — | 6 | −1 | −1 | 3 | 18 | −6 | −2 | 0 | −1 | −1 |
| Net Cash Flow | — | — | 0 | 0 | 0 | 0 | −10 | −2 | 0 | −1 | 1 | 1 |
| Free Cash Flow | — | — | −4 | 3 | 1 | −2 | −28 | 3 | 2 | 0 | 2 | 1 |
| CFO/OP | — | — | −68 | 162 | 198 | 53 | −198 | 104 | 111 | 43 | 58 | 64 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 53 | 107 | 122 | 102 | 109 | 98 | 82 | 92 | 94 | 125 | 138 | 145 |
| Inventory Days | 76 | 63 | 96 | 125 | 74 | 99 | 58 | 76 | 69 | 54 | 90 | 72 |
| Days Payable | 122 | 106 | 112 | 147 | 149 | 143 | 100 | 113 | 108 | 105 | 117 | 119 |
| Cash Conversion Cycle | 6 | 64 | 105 | 80 | 33 | 54 | 39 | 54 | 54 | 75 | 111 | 98 |
| Working Capital Days | 21 | 53 | 110 | 88 | 49 | 61 | 50 | 52 | 54 | 74 | 90 | 84 |
| ROCE % | 10% | 11% | 10% | 9% | 8% | 8% | 10% | 15% | 21% | 21% | 21% | 23% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Medico Remedies insights
63 extracted metrics across FY15–FY27.
Documents
- 8 Aug 2025
- 8 May 2025
- 4 Jun 2026
- 30 May 2025
- 18 Mar 2024
- 31 Jan 2023
Frequently Asked Questions about Medico Remedies
What does Medico Remedies Ltd do?
Incorporated in 1994, Medico Remedies Ltd manufactures and sells pharmaceutical formulations
Where is Medico Remedies Ltd (MEDICO) listed?
Medico Remedies Ltd trades as MEDICO on the NSE and under code 540937 on the BSE.
Which sector does Medico Remedies Ltd belong to?
Medico Remedies Ltd is classified under the Healthcare sector, in the Pharmaceuticals industry.
What is the PE ratio of Medico Remedies Ltd?
Medico Remedies Ltd trades at a PE ratio of 11.11 as of 4 Nov 2026, on earnings per share of ₹1.67, against a book value of ₹9.1 per share.
What is the 52-week high and low of Medico Remedies Ltd?
Over the last 52 weeks Medico Remedies Ltd has traded between ₹18.36 and ₹56.88 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Medico Remedies Ltd?
Medico Remedies Ltd reported a return on equity of 19.00%. Its debt-to-equity ratio is 0.25.
Company Information
Incorporated in 1994, Medico Remedies Ltd manufactures and sells pharmaceutical formulations
Website medicoremedies.com
CEO Mr. Haresh Kapurlal Mehta
Employees 213
Listed 26 May 2022
Face Value ₹2
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